- Open architecture—ERM is migrating to a popular open-source application framework, providing a more stable, robust web service environment, and ensuring flexibility and scalability for future growth.
- Core container and material data model and capabilities completely updated to align with current best practices, simplify and personalize user interfaces and facilitate integration with leading EHS content providers like 3E Company.
- Improved support for grant-funded research—Items purchased for a particular project or under a specific grant may now be automatically reserved for use until released for use by others.
- GHS compliance—ERM physical hazard classifications is fully aligned with the Global Harmonization Standard (GHS) classification of chemical hazards – a standard now being rolled out in Europe and Asia, and recently adopted by OSHA for hazard communication in U.S. workplaces.
SciQuest delivers industry-leading comprehensive source-to-settle supply chain solutions that help you turn spending into a source of savings, but it is really the Power of Q that ensures that our customers are at the center of everything we do. Q is about quality, it’s about asking tough questions and it’s about being on a quest to get what you pay for. Only SciQuest provides the scale, industry expertise and transparency that organizations require to improve their bottom line.To join the conversation and tell us “what’s your Q,” please visit our blog, The Open Kitchen— http://www.sciquest.com/blog. Cautionary Note Regarding Forward-Looking Statements Any statements in this release that are not historical or current facts are forward-looking statements. All forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. Certain of these risks and uncertainties are described in the "Risk Factors" section of our Registration Statement on Form S-1 and other required reports, as filed with the SEC, which are available free of charge on the SEC's website at http://www.sec.gov or on our website at www.sciquest.com. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. These forward-looking statements speak only as of the date hereof, and we undertake no obligation to update, amend or clarify any forward-looking statement for any reason.